Turnkey used car dealership, detail and repair shop with cars!
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Main address plus adjacent parking area holds 70 vehicles. 2 story building with new roof, new paint and solar panels 3 bays 2 vehicles deep. 3 offices and waiting room fully remodeled. Full service shop w all equipment: lift, scanner, tire machines, welder, cherry picker, 5 tool boxes with tools, 2 air compressors (full pneuamtics throughout) tires to sell, bulk oil and other fluids, full detail shop too. 875K in assets so 125K for 12 years of business, reputation, website, logo, trademar and earnings so more of an asset sale at $999,999. Easy to sell 400 plus units per year from here generating net profits of 500K to 800K. I sold 300 units in 2020 and kept over 500K net.
About the Business
- Years in Operation
- 12
- Employees
- 2 (1 Full-time, 1 Contractor)
One mechanic 1099 and one detailer both FT. - Facilities & Assets
- Main address plus adjacent parking area holds 70 vehicles. 2 story building with new roof, new paint and solar panels 3 bays 2 vehicles deep. 3 offices and waiting room fully remodeled. Full service shop w all equipment: lift, scanner, tire machines, welder, cherry picker, 5 tool boxes with tools, 2 air compressors (full pneumatics throughout) tires to sell, bulk oil and other fluids, full detail shop too. 875K in assets so 125K for 12 years of business, reputation, website, logo, trademark and earnings so more of an asset sale at $999,999.
- Market Outlook / Competition
- There are a number of used car dealers within 25 miles of this location. The current niche of this dealership was vehicles from about 6 grand to 15 grand. We did NOT make money on financing, warranties, GAP or credit insurance so that is an income stream we have not utilized which would further increase profits if you decided to do that.
- Opportunities for Growth
- Tons of growth opportunities as I have been working part time for the last 5 years and have not been actively searching for inventory.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 30,000
About the Sale
- Seller Motivation
- It's time for someone that wants to run this place at its full potential!
- Transition Support
- I can assist the transition and discuess a longer term if needed. I have made several million dollars over the last 12 years and haven't been working hard for 5 years so someone who is willing to work can make 500 to 800K a year net selling 35 cars a month out of this location which would be very easy to do. (I sold 300 units in 2020 and kept over 500K.)
- Financing Options
- We could discuss seller financing potentially.
Listing Info
- ID
- 2484718
- Listing Views
- 34
Listing ID: 2484718 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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